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Note: These regulations are new to the CCR. California Code of Regulations Title 10: Chapter 15:Investment California Secure Choice Retirement Savings Investment BoardSection 10000. Definitions following
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CalSavers is a retirement savings program designed to help California workers save for retirement.
Employers in California who do not offer a qualified retirement plan are required to participate in CalSavers.
Employers can register for CalSavers online and choose a savings rate for their employees.
The purpose of CalSavers is to provide an easy and affordable way for employees to save for retirement.
Employers must report employee and payroll information to CalSavers, including contribution amounts.
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